Go No Go Decision Template The Go No Go Checklist is an essential tool used during the feasibility study It outlines the criteria that must be met for the project to proceed The criteria typically include technical feasibility financial viability market demand and the availability of resources
Sep 10 2021 10 min read English Startups Business Plans Management This post is part of a series called Fundamentals of Go No Go Project Decisions What If Tools for Analyzing Possible Management Outcomes Go No Go decision determines whether a project is worth all the effort and investment or should it be halted The criterion for the decision is set by the organization itself and is tailored to the needs of the business The result of the process determines whether a company will move ahead with the process or not
Go No Go Decision Template
Go No Go Decision Template
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Go No Go Decision Template SlideBazaar
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Go No Go Decision Template SlideBazaar
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The checklist helps to identify serious gaps and deficiencies to be addressed before go live It may also provide support for further funds or resources if a particular area needs addressing The checklist should support the decision making process rather than form the basis of a decision In general terms go no go decision making is a process of passing or failing a proposition Each proposition is assessed according to criteria that determine whether a project advances to the next stage The outcome of the go no go decision making is to assess whether to go or not to go with a project or perhaps proceed with caveats
The Go No go task is a simple experimental paradigm that requires participants to respond by pressing a button when they see a go signal and not respond when they see the no go signal The key behaviour measured with this experiment is the participants ability to withhold a response on No go trials Often your decision is whether to go ahead with a solution or accept the status quo and do nothing These are called go no go decisions and they involve a thorough investigation of the problem from start to finish By treating exploratory work as a sunk cost and by following a clear process to decide between taking action and maintaining
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5 Make a Decision Come to a Consensus Once you have determined that the project is feasible and has a proper justification you can move on to the fifth and final step in your Go No Go process making a decision If the project meets your established criteria then it is a viable opportunity that is worth pursuing Whether you respond to RFPs or not a clear Go No Go process is essential to ensuring you don t spend too much time on proposals that aren t likely to win Figuring out how to make that decision is the hard part however To help make it easier here are thirteen questions you can ask to help you decide if you should send out the proposal
6 Comments Go no go evaluation processes can be a sensitive topic for some firms and marketing professionals Some firms have a pretty stringent go no go process that quite frankly can be manipulated Other firms have some sort of evaluation Many don t have any go no go consideration at all They just go after all RFPs The following template is a tool that aids in the Go No Go evaluation It will help guide you in collecting necessary data in key categories of client and project selection project team capability and other strategic factors impacting the marketing and winning of new work
Project Go No Go Decision Template
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Go No Go Potential Project Decision Matrix Presentation Graphics
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Go No Go Decision Template - Structuring Go No Go Meetings and good preparation make sure you get the right decision Your whole project plan is often geared to a key decision point the Go No Go meeting which agrees whether the project move into implementation and roll out This meeting is normally very close to the planned implementation and often has a large attendee